Hi
I am currently buying a house from a receiver on behalf of bank, our solicitor asked about about update on issuing of contracts and received a letter back from bank Solicitor stating
"Contracts are drafted and we await our clients instructions confirming the position regarding VAT in order to issue the same. We will forward contracts as soon as we have out clients instructions."
Does anyone have any idea what this means? and generally how long would this take?
I am currently buying a house from a receiver on behalf of bank, our solicitor asked about about update on issuing of contracts and received a letter back from bank Solicitor stating
"Contracts are drafted and we await our clients instructions confirming the position regarding VAT in order to issue the same. We will forward contracts as soon as we have out clients instructions."
Does anyone have any idea what this means? and generally how long would this take?